Gooch & Housego (LON:GHH) Stock Crosses Above 200-Day Moving Average – Here’s Why

Shares of Gooch & Housego PLC (LON:GHH) crossed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of GBX 456.09 ($5.89) and traded as high as GBX 493.75 ($6.38). Gooch & Housego shares last traded at GBX 464 ($6.00), with a volume of 26,327 shares trading hands.

Gooch & Housego Trading Down 0.9 %

The company has a market capitalization of £116.48 million, a PE ratio of 106.47 and a beta of 0.96. The company’s fifty day moving average is GBX 456.27 and its 200-day moving average is GBX 456.11. The company has a debt-to-equity ratio of 29.92, a current ratio of 3.19 and a quick ratio of 1.66.

Gooch & Housego (LON:GHH) last announced its earnings results on Tuesday, December 3rd. The company reported GBX 25.50 ($0.33) earnings per share for the quarter. Gooch & Housego had a net margin of 0.78% and a return on equity of 1.02%. On average, analysts anticipate that Gooch & Housego PLC will post 40.9691418 EPS for the current fiscal year.

Gooch & Housego Increases Dividend

The company also recently announced a dividend, which was paid on Friday, February 28th. Shareholders of record on Thursday, January 23rd were paid a GBX 8.30 ($0.11) dividend. This represents a yield of 1.81%. This is an increase from Gooch & Housego’s previous dividend of $4.90. The ex-dividend date was Thursday, January 23rd. Gooch & Housego’s dividend payout ratio (DPR) is 300.89%.

About Gooch & Housego

Gooch & Housego PLC engages in the manufacture and sale of acousto-optics, electro-optics, fiber optics, and precision optics and systems in the United Kingdom, North America, Europe, the Asia Pacific, and internationally. It offers acousto-optic products, such as acoustic-optic modulators, deflectors, frequency shifters, mode lockers, pulse pickers, Q-switches, tunable filters, and RF drivers; crystal optics, including crystals and nonlinear optics, lithium niobate wafers, and periodically-poled lithium niobite; and electro-optics, such as pockels cells, lithium niobate Q-switches, and pockels cell drivers.